Jiangsu Pacific Return On Asset vs. Shares Outstanding

603688 Stock   30.31  0.22  0.73%   
Based on the measurements of profitability obtained from Jiangsu Pacific's financial statements, Jiangsu Pacific Quartz may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Jiangsu Pacific's ability to earn profits and add value for shareholders.
For Jiangsu Pacific profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Jiangsu Pacific to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Jiangsu Pacific Quartz utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Jiangsu Pacific's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Jiangsu Pacific Quartz over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Jiangsu Pacific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jiangsu Pacific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jiangsu Pacific's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Jiangsu Pacific Quartz Shares Outstanding vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Jiangsu Pacific's current stock value. Our valuation model uses many indicators to compare Jiangsu Pacific value to that of its competitors to determine the firm's financial worth.
Jiangsu Pacific Quartz is number one stock in return on asset category among its peers. It also is number one stock in shares outstanding category among its peers creating about  4,928,826,351  of Shares Outstanding per Return On Asset. As of December 12, 2024, Common Stock Shares Outstanding is expected to decline to about 383.5 M. Comparative valuation analysis is a catch-all model that can be used if you cannot value Jiangsu Pacific by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Jiangsu Pacific's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Jiangsu Shares Outstanding vs. Return On Asset

Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Jiangsu Pacific

Return On Asset

 = 

Net Income

Total Assets

 = 
0.11
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Jiangsu Pacific

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
541.68 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

Jiangsu Shares Outstanding Comparison

Jiangsu Pacific is currently under evaluation in shares outstanding category among its peers.

Jiangsu Pacific Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Jiangsu Pacific, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Jiangsu Pacific will eventually generate negative long term returns. The profitability progress is the general direction of Jiangsu Pacific's change in net profit over the period of time. It can combine multiple indicators of Jiangsu Pacific, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Operating Income5.9 B6.2 B
Income Before Tax5.9 B6.2 B
Net Income Applicable To Common Shares1.2 B1.3 B
Net IncomeB5.3 B
Income Tax Expense198.5 M208.5 M
Net Income From Continuing Ops5.1 B5.3 B
Total Other Income Expense Net10 M11.5 M
Net Interest Income20.4 M21.5 M
Interest Income20.8 M21.9 M
Change To Netincome-44.4 M-42.2 M

Jiangsu Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Jiangsu Pacific. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Jiangsu Pacific position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Jiangsu Pacific's important profitability drivers and their relationship over time.

Use Jiangsu Pacific in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Jiangsu Pacific position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Jiangsu Pacific will appreciate offsetting losses from the drop in the long position's value.

Jiangsu Pacific Pair Trading

Jiangsu Pacific Quartz Pair Trading Analysis

The ability to find closely correlated positions to Jiangsu Pacific could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Jiangsu Pacific when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Jiangsu Pacific - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Jiangsu Pacific Quartz to buy it.
The correlation of Jiangsu Pacific is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Jiangsu Pacific moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jiangsu Pacific Quartz moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Jiangsu Pacific can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Jiangsu Pacific position

In addition to having Jiangsu Pacific in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Money Market Funds Thematic Idea Now

Money Market Funds
Money Market Funds Theme
Funds or Etfs investing in various types of short-term (less than one year) fixed income instruments of high-quality and liquidity. The Money Market Funds theme has 38 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Money Market Funds Theme or any other thematic opportunities.
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Other Information on Investing in Jiangsu Stock

To fully project Jiangsu Pacific's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Jiangsu Pacific Quartz at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Jiangsu Pacific's income statement, its balance sheet, and the statement of cash flows.
Potential Jiangsu Pacific investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Jiangsu Pacific investors may work on each financial statement separately, they are all related. The changes in Jiangsu Pacific's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Jiangsu Pacific's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.